MarkNtel Advisors – Leading Market Research Company found Global Automotive Digital Cockpit Market is expected to reach 14.0% CAGR Growth By 2028.
This report provides a comprehensive analysis of the Global Automotive Digital Cockpit Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Automotive Digital Cockpit Market
Base Year: 2022
Forecast Years: 2023-2028
Historical Years: 2018-2021
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Scope of the Automotive Digital Cockpit Market Report:
The Global Automotive Digital Cockpit Market is projected to grow at a CAGR of around 14.0% during the forecast period, i.e., 2023-28. The market growth is attributed to the surged adoption of in-vehicle telematics, safety systems, infotainment systems, navigation, pollution sensors, and other technologically advanced features and services. Besides, the rising demand for comfort, safety, and convenience in vehicles in emerging economies, with the rise in living standards and disposable incomes, has pushed the market forward for the past few years.
Which prominent factor is expected to drive the Automotive Digital Cockpit Market during 2023-28?
Most automotive OEMs offer customizations in digital cockpits depending on buyers’ demands and preferences, with controls mounted on steering wheels or a voice control touch screen to operate the vehicle, focusing on providing an effortless driving experience to the driver with smoother vehicle functionality.
The advanced infotainment features with the constant advancements in vehicle safety features and assistance to the driver have been driving the market enlargement. In addition, the emergence of self-driving cars and further technological advances in cars and other vehicles, digitalization of compatible components, and the surging sales of vehicles, especially passenger vehicles and luxury cars, are expected to exponentially further the automotive digital cockpit industry growth.
What are the different Segment Available in the Automotive Digital Cockpit Market?
By Display Technology
- LCD
- TFT-LCD
- OLED
By Application
- Semi-Autonomous Vehicles
- Autonomous Vehicles
- Advanced Driver Assistance Systems
By Equipment
- Digital Instrument Cluster
- Head-Up Display(HUD)
- Camera Based Driver Monitoring
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Electric Vehicle Type
- Plug in Hybrid Electric Vehicle
- Battery Electric Vehicle
- Hybrid Electric Vehicle
By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World.
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Leading Automotive Digital Cockpit companies operating in the Market
- Aptiv
- Continental AG
- Denso Corporation
- Faurecia
- Harman International
- Luxoft
- Nvidia
- Pioneer Corporation
- Robert Bosch
- Visteon.
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